Brokerages Set Continental AG (ETR:CON) Target Price at $216.47

Continental AG (ETR:CON) has earned an average recommendation of “Hold” from the nineteen brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is €216.47 ($254.67).

A number of equities research analysts have recently issued reports on CON shares. UBS AG set a €232.00 ($272.94) target price on Continental AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €235.00 ($276.47) target price on Continental AG and gave the company a “buy” rating in a research note on Friday. Jefferies Group LLC set a €216.00 ($254.12) target price on Continental AG and gave the company a “buy” rating in a research note on Monday. equinet AG set a €240.00 ($282.35) target price on Continental AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, J P Morgan Chase & Co set a €223.00 ($262.35) target price on Continental AG and gave the company a “neutral” rating in a research note on Friday.

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Shares of Continental AG (ETR:CON) traded up 2.001% during trading on Friday, reaching €192.298. The company had a trading volume of 5,298 shares. The firm has a market capitalization of €38.46 billion and a price-to-earnings ratio of 13.648. The firm has a 50-day moving average of €193.23 and a 200 day moving average of €196.05. Continental AG has a 52 week low of €158.35 and a 52 week high of €210.03.

Continental AG Company Profile

Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.

Analyst Recommendations for Continental AG (ETR:CON)

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